Labor’s EV handout

Labor’s Net Zero machine has found a new way to raid the pockets of working Australians.

A taxpayer-funded electric vehicle tax break, supposedly designed to help everyday families, is now overwhelmingly helping people on higher incomes.

New reporting from news.com.au says almost one in three EV novated leases under the scheme went to Australians earning more than $190,000, with another large chunk going to those earning between $135,000 and $190,000.

This is how Net Zero works in the real world.

Labor makes grand promises, Canberra bureaucrats design expensive schemes, and wealthier Australians get the subsidies.

Then you pay for it.

According to the government’s own estimates, this scheme is costing taxpayers $1.35 billion in 2025-26.

That is money that could be spent on roads, defence, lower taxes or cost-of-living relief.

Instead, Labor is subsidising new cars for people who were already far more likely to afford them.

The Parliamentary Budget Office found reversing EV tax breaks would save Aussie taxpayers $3.2 billion over the next four years, and by more than $23 billion in the next ten.

So when Labor says Net Zero will be “cheap,” remember this.

They told Australians renewable energy would cut bills. Power prices went up.

They told Australians green policy would help families. High-income earners got the EV perks.

They told Australians this was about the climate. It keeps turning into another big money transfer scheme.

The fact is Net Zero means higher costs, less freedom, and more government control. This EV rort proves the point.

Labor’s Net Zero agenda is not saving Australian families.

It is making you pay.